People who are wondering if this is over need to face facts. This is not going to be over. We’ll be seeing more layoffs at SAS over time until the company implodes. The management will keep cutting until all that is left is a skeleton that will be unable to function on its own. None of us should still be here when that happens if there’s anything we can do about it.
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For the past 10 years, SAS revenues have declined about 2% each year, adjusted for inflation (from public figures).
Unless/until this trend changes, one can estimate that costs will continue to be cut, about 2% each year.
I was curious why the IPO buzz had died down...to me, this feels like preparation for a sale. To avoid having to comply with the WARN act SAS can lay off 499 people every 30 days, or so I read.
On a long enough timeline the survival rate for everyone drops to zero.